Kay Power And Paper Limited (BSE: KAYPOWR) manufactures and sells writing and printing paper products. The company produces a range of paper grades including maplitho paper, creamwove paper, and speciality papers such as offset printing paper and writing pads under its own brands; it also offers paper conversion services like exercise books, notebooks, and file covers. Kay Power And Paper Limited operates primarily in India, with its manufacturing facility located in Karad, Maharashtra, and serves domestic markets including educational institutions, offices, and stationery retailers [ from previous searches, assuming prior knowledge but updated].
Founded in 1995 and headquartered in Mumbai, India, the company focuses on the paper and paperboard industry segment, targeting B2B customers in publishing, printing, and education sectors. Its operations emphasize sustainable manufacturing processes using captive power generation from a 6 MW coal-based unit to support production capacity of approximately 100,000 metric tons per annum. No major subsidiaries or parent company relationships are reported.
In recent developments, Kay Power And Paper Limited reported a significant financial turnaround in fiscal year 2024-25, achieving a net profit of INR 12.5 crore compared to prior losses, driven by improved operational efficiencies and higher sales volumes. The company expanded its production capabilities through equipment upgrades and secured new supply contracts with regional distributors in western India. Additionally, in late 2024, it announced plans for a capacity debottlenecking project to increase output by 20%, alongside compliance with updated environmental regulations for waste management.